NOT LISTED FOR SALE

1500 Presidential Way Unit 2050 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $180,000 - $246,000

2 Beds
2 Baths
996 Sq Ft
$595/mo HOA Fee

Last Sold July 12, 2023

Last sale price $196,000 $197 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,031/month

48 Days on Market

Highlights

  • Clubhouse
  • Mediterranean Architecture
  • Tennis Courts
  • Garden View
  • Great Room
  • Walk-In Closet

About This Home

As of July 2023

Come embrace the Florida lifestyle in this immaculate 2 bedroom, 2 bath condo. The updated dream kitchen comes equipped with gray cabinets, custom Allen and Roth solid surface countertops and stainless steel appliances. Two primary retreats both with walk-in closets and updated baths. This beautifully remodeled unit boasts tastefully updated bathrooms, neutral flooring, no carpets, neutral decor and an abundance of natural light. Relax on the large covered balcony. Yorktown is located just minutes to Downtown, I-95 and PBI Airport. Across the street from Whole Foods and Palm Beach Outlets.

Last Agent to Sell the Property

Mark Rucco

RE/MAX Direct License #bk-0696240 Listed on: 05/19/2023

RE/MAX Direct

Co-Listed By

Sam Lorch

Re/Max Direct License #3258542

Last Buyer's Agent

Monique Ayala

Keller Williams Realty Services License #3327925

Keller Williams Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1972

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Roosevelt Elementary School
  • Roosevelt Community Middle School
  • Palm Beach Lakes High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317110012050

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, water
  • Yorktown Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,519

Year Built

Built in 1972

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Eastbound, Left on Congress, Right onto Presidential Way
  • Year Built: 1972
  • Architectural Style: Mediterranean
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 996.0
  • Dining Room Type: Great Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 595.0
  • Community Features: Clubhouse, Non-Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Water

Schools

  • Elementary School: Roosevelt
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Roosevelt Community

Lot Info

  • Parcel #: 74434317110012050
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2519.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 12, 2023
Sold by
Zajdel Benjamin and Zajdel Jacob
Bought by
Mesen Mauricio E Rivera and Altamirano Cynthia D
Seller's Agent
Mark Rucco
RE/MAX Direct
Buyer's Agent
Monique Ayala
Keller Williams Realty Services
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Views
114
Current Estimated Value
$210,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,588
Avg. Annual Appreciation
1.19%

Purchase Details

Listed on
Nov 21, 2020
Closed on
Oct 21, 2021
Sold by
Essentialis Llc
Bought by
Zajdel Benjamin and Zajdel Jacob
Seller's Agent
Giovana Longman
Beachfront Realty Inc
List Price
$115,000
Sold Price
$119,000
Premium/Discount to List
$4,000
3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.66%

Purchase Details

Closed on
May 12, 2015
Sold by
Emili Adrian
Bought by
Essentialis Llc

Purchase Details

Listed on
Sep 13, 2012
Closed on
Dec 12, 2012
Sold by
Scellato Claudio F and De Michelis Monica
Bought by
Emili Adrian
Seller's Agent
Daniel Ferreira
Yaffe International Realty
Buyer's Agent
Daniel Ferreira
Yaffe International Realty
List Price
$79,000
Sold Price
$60,000
Premium/Discount to List
-$19,000
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 18, 2012
Sold by
Fannie Mae
Bought by
Scellato Claudio F and Demichelis Monica
Seller's Agent
Warren Cleveland
Every Florida Home
List Price
$54,900
Sold Price
$55,312
Premium/Discount to List
$412
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.17%

Purchase Details

Closed on
Sep 14, 2010
Sold by
Foley Kevin W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 23, 2004
Sold by
Dossantos Gladimir
Bought by
Foley Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2001
Sold by
Doris D Josten I
Bought by
Santos Gladimir D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mesen Mauricio E Rivera $196,000 Quaker Title & Escrow
Zajdel Benjamin $119,000 Homepartners Title Svcs Llc
Essentialis Llc $60,000 Exclusive Title Company Inc
Emili Adrian $60,000 Attorney
Scellato Claudio F $55,311 Bay National Title Company
Federal National Mortgage Association $126,635 Attorney
Foley Kevin W $136,000 Palm Beach Title Svcs Corp
Santos Gladimir D $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foley Kevin W $135,500
Previous Owner Dossantos Gladimir $51,081
Previous Owner Santos Gladimir D $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $196,000 -2.0% $197 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $199,900 +68.0% $201 / Sq Ft
10/21/2021 10/21/21 Sold $119,000 0.0% $119 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $119,000 +3.5% $119 / Sq Ft
07/08/2021 07/08/21 For Sale $115,000 0.0% $115 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $115,000 -3.4% $115 / Sq Ft
03/19/2021 03/19/21 Off Market $119,000 -- --
03/19/2021 03/19/21 Pending -- -- --
03/04/2021 03/04/21 Price Changed $115,000 -1.7% $115 / Sq Ft
02/03/2021 02/03/21 Price Changed $117,000 -0.8% $117 / Sq Ft
01/21/2021 01/21/21 Price Changed $118,000 +900.0% $118 / Sq Ft
01/21/2021 01/21/21 Price Changed $11,800 -90.1% $12 / Sq Ft
01/13/2021 01/13/21 Price Changed $119,000 -3.3% $119 / Sq Ft
12/28/2020 12/28/20 Price Changed $123,000 -0.8% $123 / Sq Ft
12/14/2020 12/14/20 Price Changed $124,000 -0.8% $124 / Sq Ft
11/21/2020 11/21/20 For Sale $125,000 0.0% $126 / Sq Ft
12/05/2018 12/05/18 Rented $1,200 0.0% --
11/07/2018 11/07/18 Price Changed $1,200 -4.0% $1 / Sq Ft
10/18/2018 10/18/18 Price Changed $1,250 -2.0% $1 / Sq Ft
09/26/2018 09/26/18 For Rent $1,275 0.0% --
09/21/2018 09/21/18 Off Market $1,275 -- --
09/10/2018 09/10/18 Price Changed $1,275 -1.9% $1 / Sq Ft
08/22/2018 08/22/18 Price Changed $1,300 +4.0% $1 / Sq Ft
08/10/2018 08/10/18 Price Changed $1,250 -3.5% $1 / Sq Ft
08/05/2018 08/05/18 Price Changed $1,295 -0.4% $1 / Sq Ft
07/28/2018 07/28/18 Price Changed $1,300 -13.3% $1 / Sq Ft
07/21/2018 07/21/18 For Rent $1,500 +50.8% --
05/15/2013 05/15/13 Rented $995 0.0% --
04/15/2013 04/15/13 Under Contract -- -- --
02/28/2013 02/28/13 For Rent $995 0.0% --
12/12/2012 12/12/12 Sold $60,000 -24.1% $60 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $79,000 +42.8% $79 / Sq Ft
08/07/2012 08/07/12 Sold $55,312 +0.8% $56 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $54,900 -- $55 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,275 $150,000 -- --
2023 $2,819 $121,000 $0 $140,000
2022 $2,519 $110,000 $0 $0
2021 $2,072 $92,000 $0 $92,000
2020 $1,865 $76,000 $0 $76,000
2019 $1,761 $73,000 $0 $73,000
2018 $1,511 $63,000 $0 $63,000
2017 $1,506 $63,000 $0 $0
2016 $1,737 $72,000 $0 $0
2015 $1,355 $53,240 $0 $0
2014 $1,324 $48,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Rucco

    Seller's Agent in 2023

    Mark Rucco

    RE/MAX

    (413) 522-0115

    5 in this area

    673 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Sam Lorch

    RE/MAX

    (561) 558-6596

    2 in this area

    38 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Monique Ayala

    Keller Williams Realty Services

    (561) 702-6631

    1 in this area

    63 Total Sales

    Section Image
  • Giovana Longman

    Seller's Agent in 2021

    Giovana Longman

    Beachfront Realty Inc

    (786) 326-6888

    1 in this area

    12 Total Sales

    Section Image
  • Cristina Villa

    Seller's Agent in 2013

    Cristina Villa

    Illustrated Properties LLC (Co

    (561) 951-0514

    3 Total Sales

    Section Image

  • W

    Seller's Agent in 2012

    Warren Cleveland

    Every Florida Home

    (561) 307-1332

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10891007

BeachesMLS

APN: 74-43-43-17-11-001-2050

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1500 Presidential Way Unit 2050, West Palm Beach, FL

This home is located at 1500 Presidential Way Unit 2050, West Palm Beach, FL 33401 since 19 May 2023 and is currently estimated at $208,142, approximately $208 per square foot. This property was built in 1972. 1500 Presidential Way Unit 2050 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes